@davemosk @uncycliste @petitmote If #OVH has even a single VPS in the #USA they're subject to it.
https://infosec.space/@kkarhan/114929035320374762
@[email protected] *EXACTLY THAT!* And for #CloudAct to apply, only one of these things need to be true: - #Hoster is owned in part if full by a #US #citizen or #company. - Hoster has a #subsidiary in the #USA. - Hoster is #hosting inside the USA. - Hoster offers services from within the US. - Hoster's (sole) upstream is from the US or has any of these conditions applying to them either. And that doesn'r even cover the #blackmail the USA leverage against #organizations (#ICC) and #individuals they [*dislike*.](https://www.youtube.com/watch?v=lPZj6cL2go0) - And now look at the #Quadropol of #PaymentProcessors (#AMEX, #VISA, #MasterCard, #PayPal) and realize that there is no global competition to them (unless we accept #Monero and consider the pathetic joke that is #wero as competitior despite having even less acceptance than Monero!)…
@cryptadamist @panigrc @finalstaticfox @dansup
Obviously that's another evidence of why #KYC IS THE ILLICIT ACTIVITY!...
That problem doesn't exist with #Monero as one cannot determine #transactions, #balances or link wallets by observing the #blockchain. Unlike with all those Shitcoins like #Bitcoin or #Ethereum!
So even if I had a Monero Wallet and even if you knew the wallet address, you cannot see what's on it or what transactions go in and out.
It's even more secure than #SEPA because thanks to #SWIFT & #FATCA the #IRS and #TreasuryDept. have bulk access to these systems and can basically see account balances in real time (when it comes to #US citizens! The rest they can approximate with bulk access to payment providers and intelligence).
So yeah, blame lack of #privacy, #secrecy, and #custody as well as #doxxing in the form of KYC under the false pretense of #AML for the rampant rise of #kidnappings and armed robberies of #shitcoin HODL'ers.
The fact that there are automated, idiot-proof tools like #chainalysis that enable statistical tracking and linking of transactions for everything except Monero is the problem.
IOW: OFC I'd have to expect getting robbed by organized crime if I were to post evidence of me sleeping on genuine gold bars.
@[email protected] @[email protected] @[email protected] @[email protected] the people i know who got home invasioned for their bitcoins got home invasioned way before there were any regulations involved
US Treasury says it was hacked by China in 'major incident'
A Chinese state-sponsored hacker has broken into the US Treasury Department's systems, accessing employee workstations and some unclassified documents.
The Treasury Department said the China-based actor was able to override security via a key used by a third-party service provider called BeyondTrust
#BeyondTrust #china #chinese #TreasuryDept #security #cybersecurity #hackers #hacking #hacked
WaPo: Closing asset loophole could add billions to tax collections, #IRS says.
The #Biden administration plans to stop businesses and wealthy individuals from manipulating the value of assets in arcane ways such as using the same assets over and over again to lower their taxes.
#TreasuryDept #taxes #cheat #BasisShifting
Gift 🎁:
https://wapo.st/3RuU9mQ
@bhawthorne @mhoye so it it actually practical as a #Payment system, because the people behind it actually designed it with that single goal in mind without being reliant on a single point of trust or failure.
And unlike #Bitcoin or #Ethereum one can't taint your account with illegal funds, which is so rampant since the #TornadoCash ban that even #TreasuryDept's #OFAC recognized "#Dusting" as digital equivalent of throwing feces at a restaurant's windows....
And this is so rampant that the #US #TreasuryDept had to issue an #FAQ statement [ https://ofac.treasury.gov/faqs/1078 ] following the #sanction of #TornadoCash [ https://home.treasury.gov/news/press-releases/jy0916 ]...
Basically the digital equivalent of forcing you to swallow blood diamonds wrapped in North Korean Won bills and then being sent through an X-Ray...
@anirvan it's intentional and it's one of those arsenine things about the #USA:
Ain't #OFAC and #Sanctions the responsibility of #Federal institutions like #StateDept & #TreasuryDept?
Cuz that's just pushing inherent #racism and it's also ignoring the fact that some people may be #refugees or otherwise law-abiding citizens but since they can't renouce their citizenship [i.e. #Iran doesn't allow that - period!] they'll face that issue.
Kevin Karhan 
gtbarry
absinthe
Kevin Karhan 